Need somewhere to think out loud,

i just can't do that fast stuff, every time I try it goes wrong in practice so...

Range and Direction, slower direction.

Envelope 26 0.05% ( Main Direction and Focus )
13sma
envelope 13 0.03%

Trade the direction and range of the 26's, SL outside ofcourse, on getting a break out, use the 13's for entry.

I NEED simple, I need it's tracking down in a random kinda way, join, moves against a bit, maybe get a 2nd, breaks out hits the SL, keeps going with makes 2 - 3 x's more than the losers and rock on.

I keep jumping on turns, which run into the 26 and reverse on me
 
Zero chance to trade today, so down nicely from the over night HELL I got myself into LOL

Dax 9am Text, 8 0.03 and 16 0.05 still look best for DAX so testing that.

Lets try 16 up lower Env Long 11544 - sl 39 - out +16

Broken down, waiting for entry with!!

Short 11534 - SL 43 out 24 +10

Break up over the 8, look for long, L 11531 - sl 20 ( 2nd 27 if I see it ) out 46 +15

Long 1154 SL 38, 2nd 43 if pos, out 52 +14

missed low 16 entry, missed short top would of been nice and broke down.

16 going flat, risk a bottom @26 so Long 29 - sl 24 out 40 +11

16 down, shorting 29 - sl 36 out 26 +3

Works , stop looking for better!! fool!!
 
Okay, getting bored!!!

Setup FINAL!!!

18sma
Envelope 18 0.04%
Envelope 5 0.02%

Swings and round abouts comes to mind!

Trades........

1. With 16 direction, join and SL on range failing. ( easy setup to see and take )
2, Breakout from 16 range, then trail stop via the 5 incase fake out!!
3. Range plays, issue is there trust based, can't wait for 5 to confirm, too slow, tricky tricky.

DAX just broke out, and turned up, but broke below the 5, could long 11380 SL 74, 2nd 77, 2nd 78 took ( demo ) , nice profit + 8 +10.

5 Envelope leads me a stray to often, so if I remove and just play the 18's direction for entry ??
 
So 8am start Dax,

Wider Envelople 16 0.05 and 0.10!!

L=Loss, S = small profit, B = Big profit

BSLSS

Okay, this is all I need, with averaging into a position
 
12 0.04 and 0.08 with a 30sma worked great for all of today, busy sadly :(

Need to switch to a method that supports that market condition that kills this and too and from I guess, what I work out a solution for the other condition, sadly failing.
 
M1 Env 11 0.04 and 0.08 and 30sma looking perfect.

Coming to the conclusion, that it works at times and doesn't at other is more my state of mind, if I'm rushed and stresses ( normal mode ), got 500 things going on, all of them annoying then basically I SUCK, I rush trades, I don't let the market come to me, cause I'm trying to make $$$'s.

Tricky issue to solve for sure!!

I should also, not be trying to get rich every trade, scalp range with direction.

Entry in trend is between 12sma and the 0.04% target exit area is the other 0.08%,

If no trend, then trade the 0.04% to 0.08% area, exit same area opposite side.

No more short term directional plays, I suck at them, yeah on a good day I can rock them, but on a bad day, chewed up comes to mind!!
 
Slow day, us president dead day, up 200 greed away, wat and take what i can get, stick to the plan, ignore conditions that dn’t suite method.

Simples!
 
In summary, don't be so desperate to make money, trade slower, wait for good setups don't rush stupid trades or trades in incorrect market conditions.

I can't handle fast market, don't try.
I can't handle trading break outs as they too often fail.

Stick to playing the ranges with the direction of the 30sma, make a little, repeat, repeat repeat!!

TOO BUSY, work shit, sick mate, bla bla bla bla I had 20mins today to trade :( Hating my life!!
 
Reworking my method today and it's coming up as the same again.

I started off with a Envelope 6sma 0.03% for direction, fast changing markets great.

Then realised Envelope 12sma 0.03% gives me my backup range and more meaningful direction.

then Envelope 6sma 0.070000000000000000000001 ( hate computers ), gives me a good chop range with slow 12sma direction.

Then 12sma 0.08 when then 12 is flat, gives me a great flat range, to be aware off.

So those 4 components are all that is required to kick the markets ass.

Ofcourse, they only work, if you know which 1's to use and which 1's to ignore at any given time, where is where it all kinda falls over.

Just made $50 short top dax range, no follow through as is my luck LOL

Reduce, lets drop the 6sma 0.07000000000000001%, 6sma 0.03% breaking likely means direction change, don't want to wait too long. 6 0.03% and 12 0.04% played well for entries in directional markets.
 
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